After waking up, some people took profits, some stopped losses, and some people were liquidated
2024/5/21 Share:
BTC market analysis: After the key position was broken, the daily short structure has been destroyed, and this morning the daily long structure has continued to the target position! Intraday traders should lock in profits and keep positions to bet on the breakthrough of the previous high. Trading opportunities: The logo of this position in the figure is mentioned in almost all posts. Don’t consider shorting if it is broken. Then can you chase more? Others are taking profits, and you are considering entering the market now. . It is more reasonable to continue to wait and see with empty hands. If the big cake can stabilize, it is better to consider eth/altcoin.
I have reminded twice that eth/altcoin is going to explode. Friends who have followed can look at my logic repeatedly and think about the reasons. There are many opportunities to eat meat. What is important is trading technology. ETH rose 20 points last night, and 3720 is the target position of the daily structure. It is time to stop profit and stop profit. Shorting is not considered for the time being (don't rush to touch the left side). The next selling area is 3939-previous high. If there is a short structure of more than 4 hours in the next selling area and it does not break the previous high, you can consider shorting on the right side. Otherwise, it is not recommended to short. Many clowns in the community use news/ETFs to short ETH, and there are also high-profile shorts. Friends who short with others should open their eyes and read the experience described in my article "Everyone can become a teacher".
The cottages mentioned above have also ushered in small increases of varying degrees, ranging from 10-20 points. Intraday traders who have long contracts should stop profit and stop profit, and wait for the daily structure to run out before adding positions. Those who buy spot can buy according to the previous article. ⚠️Continue to expect the outbreak of copycats⚠️
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